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Friday, August 1, 2008

Korea Part of a "Marked Shift in Innovation Hubs" Worldwide

Increased patent filings in North East Asian countries (mainly China and the Republic of Korea (ROK)) and the United States of America (USA) drove growth in worldwide filing of patent applications, which topped 1.76 million in 2006, representing a 4.9% increase over 2005, according to the 2008 edition of the World Patent Report of the World Intellectual Property Organization (WIPO). The Director General of WIPO, Dr. Kamil Idris, observed “A major increase in innovative activity in China, the Republic of Korea and the United States has driven the overall growth of patent filings in 2006. This reflects a consolidation of earlier trends which demonstrate a marked shift in innovation hubs around the world.” He further added “While use of the patent system remains highly concentrated among a group of countries, statistics show an increasing level of patent activity in emerging countries. This is an encouraging trend,” he added.
While statistics from the World Patent Report reveal patterns of concentration in patent activity, they also point to a growing tendency for applicants to file their applications in multiple countries. This trend towards increasing internationalization of patent activity is demonstrated by the growth in international filings through the Patent Cooperation Treaty (PCT) and in non-resident patent filings.
The period 2000-2006, saw a significant increase in the number of filings originating from Australia, China, India and the ROK. The average annual growth rate in patent filings for these countries was far above that of all reported countries in Europe and North America. Japan, the United Kingdom and Sweden experienced modest growth in patent filings (less than 1% a year).
In 2005 (the latest year for which technology data are available), the most intense patenting activity is evident in the following sectors: computer technology (144,594), telecommunications (116,770), and electrical machinery (121,350) technologies. Between 2001 and 2005, patent filings in computer technology, optics, and semiconductors grew by 5.3%, 5.0% and 4.9%, a year, respectively. There was a modest increase in pharmaceuticals filings (1.7%) and a decrease in biotechnology filings (-2.7%).